2018: Maria Schutte, Milestone Book Selection

Title

2018: Maria Schutte, Milestone Book Selection

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Year of Recognition

2018

Recognition

Promotion to the rank of Associate Professor, Department of Economics and Finance

Book Selection

The Theory of Moral Sentiments, by Adam Smith

Why the honoree chose the book

This book was written and published by Adam Smith years before his celebrated Wealth of Nations and is an indispensable reading to understand Smith's ideas about laissez-faire market economy. Without a wide base of ethical people raised with sound moral character, the idea that an "invisible hand" will ensure the allocation of capital to the best ideas cannot function. This is why sound character and values are the basis of society and freedom.

2018: Maria Schutte, Milestone Book Selection

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